99
99
Dec 13, 2012
12/12
by
MSNBCW
tv
eye 99
favorite 0
quote 0
chairman ben bernanke says long term interest rates will remain near zero until the unemployment rate drops below 6.5%. unemployment currently at 7.7%. here now with more on that and a check with the markets, jeff cutmore is live from london. good morning you to. >> good morning. you know, uncle ben has gone back into his toolbox and he's pulled out one thing we were expecting which was a continuation of the bond buyback program. so that was pretty much baked into the story. but the thing we weren't expecting, perhaps, was this change in policy and this tying of zero interest rates to the unemployment rate. he now saying it remains at near zero until we get the jobs rate down below 6.5%. we're currently sitting at 7.7%. so there is a little room to go yet. we have near zero interest rates to come. unsurprisingly, markets like it but not quite as much as you might have expected given that they knew part of the deal was already due to come down the pike. >> apple and the headlines, what do we know about them trying to dive head first into the tv market? >> yeah. it's a fascinating story
chairman ben bernanke says long term interest rates will remain near zero until the unemployment rate drops below 6.5%. unemployment currently at 7.7%. here now with more on that and a check with the markets, jeff cutmore is live from london. good morning you to. >> good morning. you know, uncle ben has gone back into his toolbox and he's pulled out one thing we were expecting which was a continuation of the bond buyback program. so that was pretty much baked into the story. but the thing...
126
126
Dec 12, 2012
12/12
by
MSNBCW
tv
eye 126
favorite 0
quote 0
they are expected at 12:30 eastern and we will hear from ben bernanke itself after they release the forecast around the same time. next, as the newest member of the kennedy family heads to washington, we will take a deep dive into the kennedy family legacy. you are watching "the daily rundown" on msnbc. [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, there was this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that's an amazing thing. ♪ your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil. potato with bacon. we've got a lotta empty cans. [ male announcer ] hear from our chefs on facebook this friday! >> this january another kennedy heads to congress continuing a family tradition for generations. joseph key kennedy iii,
they are expected at 12:30 eastern and we will hear from ben bernanke itself after they release the forecast around the same time. next, as the newest member of the kennedy family heads to washington, we will take a deep dive into the kennedy family legacy. you are watching "the daily rundown" on msnbc. [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [...
106
106
Dec 12, 2012
12/12
by
MSNBCW
tv
eye 106
favorite 0
quote 0
ben bernanke speaks and a market rally goes south. the dow closing down about three points. the s&p up marginally. the nasdaq losing eight points. that's it from cnbc. first in business worldwide. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> house speaker john boehner is telling members not to make any christmas vacation plans. and our own christine welker may have uncovered the r
ben bernanke speaks and a market rally goes south. the dow closing down about three points. the s&p up marginally. the nasdaq losing eight points. that's it from cnbc. first in business worldwide. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right...
243
243
Dec 13, 2012
12/12
by
MSNBCW
tv
eye 243
favorite 0
quote 0
we talked about ben bernanke beforehand in a news article. explain something to me, because you know i'm a simple man, got simple tastes. i just love running through the fields barefooted, you know. >> eating doughnuts. >> eating doughnuts. eating munchkins after a cool spring rain. but anyway, i don't understand -- you like that, harold? i don't know where this comes from. i think it's a sugar rush from the munchkins. but anyway. i don't understand how the entire chattering class, the elites, all the economists, the entire world decided they were going to beat the hell out of alan greenspan for providing cheap money over a decade. how could he do that? how could he do that after the long-term capital collapse? how could he do that after the collapse in asia? how could you do that after the dotcom bust? but alan greenspan never did what this fed chairman is doing. i mean, he's taken greenspan's belief that cheap money will help americans through tough times to an absurd new level. >> well, he's certainly taken it to a new level. we can discus
we talked about ben bernanke beforehand in a news article. explain something to me, because you know i'm a simple man, got simple tastes. i just love running through the fields barefooted, you know. >> eating doughnuts. >> eating doughnuts. eating munchkins after a cool spring rain. but anyway, i don't understand -- you like that, harold? i don't know where this comes from. i think it's a sugar rush from the munchkins. but anyway. i don't understand how the entire chattering class,...